Latest Mortgage Rates Canada
Compare current rates from Canada's top lenders including Big 6 Banks and monoline lenders. Updated twice daily.
CMHC Mortgage Insurance Calculator
Calculate your mortgage default insurance premium.
CMHC Mortgage Insurance Calculator
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$
Minimum required: $35,000 (6%)
5%10%15%20%
10.0% down payment
CMHC Insurance Required
Mortgage Amount
$540,000
Loan-to-Value (LTV)
90.0%
Premium Rate4.25%
Premium Amount$22,950
Total Mortgage
$562,950
New LTV with Premium
93.8%
CMHC Premium Rates (2025):
- 65% - 80% LTV: 2.25%
- 80% - 85% LTV: 3.35%
- 85% - 90% LTV: 4.25%
- 90% - 95% LTV: 5.65%
- 95% - 97% LTV: 6.75%
Provincial sales tax (HST/QST) may apply on top of the premium.